PYONIC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PYONIC
Largest movements
- Cash -€63,563
down €63,563 (-73.8%), from €86,136 to €22,572
mainly Contributions, distributions and other (-€92,317) and Other debts (-€58,747)
- Receivables within one year -€12,891
down €12,891 (-49.1%), from €26,258 to €13,367
of which Trade receivables: -€11,617
- Other debts -€58,747
down €58,747 (-71.9%), from €81,664 to €22,917
- Contributions -€18,600
down €18,600 (-100.0%), from €18,600 to €0
- Gross operating margin -€10,002
down €10,002 (-9.6%), from €103,866 to €93,864
- Taxes -€1,995
down €1,995 (-9.4%), from €21,325 to €19,330
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,176 | €38,471 | -€76,706 | -66.6% |
| Fixed assets | 21/28 | €439 | €313 | -€126 | -28.8% |
| Tangible fixed assets | 22/27 | €439 | €313 | -€126 | -28.8% |
| Plant, machinery and equipment | 23 | €439 | €288 | -€152 | -34.5% |
| Furniture and vehicles | 24 | - | €25 | +€25 | |
| Current assets | 29/58 | €114,737 | €38,158 | -€76,579 | -66.7% |
| Amounts receivable within one year | 40/41 | €26,258 | €13,367 | -€12,891 | -49.1% |
| Trade receivables | 40 | €24,984 | €13,367 | -€11,617 | -46.5% |
| Other amounts receivable | 41 | €1,275 | €0 | -€1,275 | -100.0% |
| Cash at bank and in hand | 54/58 | €86,136 | €22,572 | -€63,563 | -73.8% |
| Deferred charges and accrued income | 490/1 | €2,343 | €2,218 | -€125 | -5.3% |
| Total equity and liabilities | 10/49 | €115,176 | €38,471 | -€76,706 | -66.6% |
| Equity | 10/15 | €18,600 | €0 | -€18,600 | -100.0% |
| Contributions | 10/11 | €18,600 | €0 | -€18,600 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €96,576 | €38,471 | -€58,106 | -60.2% |
| Amounts payable within one year | 42/48 | €96,476 | €38,371 | -€58,106 | -60.2% |
| Trade debts | 44 | €1,559 | €1,327 | -€232 | -14.9% |
| Suppliers | 440/4 | €1,559 | €1,327 | -€232 | -14.9% |
| Taxes, remuneration and social security | 45 | €13,253 | €14,127 | +€874 | +6.6% |
| Taxes | 450/3 | €10,428 | €14,127 | +€3,699 | +35.5% |
| Remuneration and social security | 454/9 | €2,825 | €0 | -€2,825 | -100.0% |
| Other amounts payable | 47/48 | €81,664 | €22,917 | -€58,747 | -71.9% |
| Accrued charges and deferred income | 492/3 | €100 | €100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €154 | +€3 | +1.7% |
| Other operating charges | 640/8 | €575 | €404 | -€171 | -29.7% |
| Gross operating margin | 9900 | €103,866 | €93,864 | -€10,002 | -9.6% |
| Operating profit (loss) | 9901 | €103,140 | €93,306 | -€9,834 | -9.5% |
| Financial income | 75/76B | €130 | €0 | -€130 | -100.0% |
| Recurring financial income | 75 | €130 | €0 | -€130 | -100.0% |
| Financial charges | 65/66B | €280 | €259 | -€21 | -7.6% |
| Recurring financial charges | 65 | €280 | €259 | -€21 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €102,989 | €93,047 | -€9,942 | -9.7% |
| Income taxes | 67/77 | €21,325 | €19,330 | -€1,995 | -9.4% |
| Profit (loss) for the period | 9904 | €81,664 | €73,717 | -€7,947 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,664 | €73,717 | -€7,947 | -9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.